NFTfi just introduced their Cross-Protocol ReFi.
TLDR:
Borrowers can refinance their NFT loans from another protocol to their platform without fully repaying their loan and with 0% fees.
This solves a problem that currently exists in NFT lending which is liquidity fragmentation across many different protocols (NFTfi, Gondi, Arcade, Blur etc) and high fees.
In other words, it makes the market more efficient and loans cheaper for borrowers.
And it could have a practical impact on the space when we think about the liquidation cascades that happened on Blend in the past (Nftfi teased a Blur integration).
Pretty cool, and happy to partner with them to bring some awareness to this
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